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20121104
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Search Results 0 to 49 of about 72 (some duplicates have been removed)
in one hour, fair and balanced. what about the plan to overhaul the tax code. what is it going to mean for jobs. >> i think it's going to be great for jobs. overhauling the taxes is the thing that the governor and hopefully president romney can do. and incents, if that's a word, every individual and corporation out there. provides a path of what they're going to do, what they're going to pay and if it's simplified and overhauled, it will get rid of hopefully a lot of the special interests, which tak the government out of the intervention and provides a clear playing field for everyone. this could turn around our economy, if done soon and done right. >> brenda: jonas, we don't know exactly what kind of overhaul we would get and isn't that adding uncertainty? wouldn't that keep people from hiring? >> moreover, it doesn't really, neither plan really addresses the deficit and the need for revees. let's leave that problem off the table and talk about the b situation. i like what romney wants to do, the code has a lot of deductions that shouldn't be there, we should just lower rates and get
piss-off the fiscal cliff. so we don't have a severe recession but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered undr this administration. those who don't have a job and are underemployed givg up then we have a group of ceos speaking up for t multinationals we would like to go to the simpson thing. we want to raise taxes. reject it -- rejected by both republicans and democrats. we hear from business leaders they com up with this. >> how low do the fine balance? i will take that. remove the tax shelter and cut the top rate. >> rahm it -- romney is already proposing nonsense. >> we have a huge tax increase already slowing the economy down. to the clutter the tax code everyone can declare victory like 1986. we took the jump out and got the ratedown. get those down sharply. >> he will be the president. >> romney has alrea
have less than two months to steer clear of the fiscacliff-- the combination of tax hikes and government spending cuts scheduled to take affect in january. our market monitor this week says plan now for higher taxes soon, and higher interest rates eventually. duncan richardson is chief investment officer at eaton vance management. he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fiscal cliff that we're going to go over? >> not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher taxes either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there are great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthooks can ou
, you know, keep the tax rates low and no tax hikes so that makes us, in a weird way, backed into a corner defending the 1 #%. that makes us look like we defend the special interests. neil: if that's the case, and, i mean, i know you argue it's not true, come back at say, well, why are you taking money from the same group that is last time we checked the 1%. >> it's the obama spin. a lot of teem -- a lot of people are not like you into the news. everybody catches glimpses, short 30-second 1-minute adds, and they thin that obama -- neil: they can see pot meet kettle; right? they can see hi hypocrisy; righ? >> they can. i think this happened with libya. they are seeing, wow, you are not here to protect this. the policies really do not work. i don't think the people are neil: interesting to me, and don't cast on anyone, but if you make it a point and call the other guy a bs in "rolling stopes," make your you're not. be that as a may, a lot of money in the race. do you think mitt romney will be the billion dollar man? >> oh, absolutely. neil: where is the money going? >> on ads.
without the buck eye state. americans paying more and saving less and prices and taxs and hettle care set to cost more will your wallet decide your vote. little rock. fort hood. that is not work place violence it is terrorism. and now libya. >> something fishy about what happened over there. why won't the administration call it what it is. terrorism. welcome to huckabee. tonight we are coming to you from our fox burro in washington dc. and early voting started in many states and one of the early voters in ohio was president obama. he had to produce a photoid to vote. help me to understand recognizable person in the entire united states of america has to show his photoid why is it too much to ask that for the rest of that. most of them gave up the licenses and passport. if chicago requires voters id. those who say we ain't got voters fraud going on around here, they must have missed the powerful and disturbing reports filed by eric shawn who exposed voters fraud in multiple states. eric reportod hudson hallum a sitting democrat who pled guilty vodka voting scheme ited his father and city c
, the debt, the taxes, how we'll get revenues, versus costs and the second one, the regulatory wall, no one is talking about. the wall that is going to hit when ozone is pushed back, 201 3. when america has a chance, right now, to have it be the american century. the american century, gas and oil break through with fracking and everything, has a chance to change the world. and we have a chance to be the most competitive country in the world. with low cost energy, across all businesses, with a great chemical industry, coming back, but that all depends on how we handle regulation. and, this administration, more important to our future, steven chu, people who will be regulating the hell out of the... >> neil: that is the real problem for businesses, is that, the health care and everything else, just going to be regulated and it is going to put a crimp on everything. regulated to death and put a crimp on everything they do. >> that is the most important thing. we have a chance to turn america totally around. >> neil: what would happen if barack obama won, jack? >> there's a very -- i don't know
a significant impediment to the economy. if we see very large increases in taxes, and by the way, never liked the work fiscal cliff because it tends to but still lower spending with higher taxes. most of the problem is on the tax side, not the spending side. if we don't get that fixed we're going to have the very significant drag on this economy , sufficiently significant that we could go into a recession. gerri: the national association of manufacturers out with a study showing that if everything does stay in place we will get unemployment at 12%, lose 6 million jobs. the report even says that the threat of the fiscal cliff cut half a percent of the gdp this year. the impact is already there. it will mean fewer jobs, less robust economy. the you think they ar talking up the story are too pessimistic , do you think they're right on target? >> well, i would not doubt for their numbers, but i certainly agree wi the direction that ey're talking about. there is no question that it is not just uncertainty. it is the concern that we will have higher taxes and taxes on sectors of the economy that ha
, first of all, the president's tax increases are going to hit our economy just like they are going to hit ohio very hard. two-earner families are going to get hit hard and our small businesses will get hit hard. we have a big small tech industry and the tax increases will put our small businesses in jeopardy at the same time it -- >> let me interrupt you here -- virginia unemployment though is among the lowest in the country at 5.6%, so how will you combat that? >> well, virginia's unemployment is low because we've observed what president obama didn't and did the absolute opposite. we cut spending. we cut taxes. we made jobs our number one focus which is why we're one of the number one places to do business, number one place for jobs, but, again, just like governor kasich and the folks here, we need a president who will work with us, not work against us, and that's exactly -- we can't afford all the taxes from obama care, from the president wants to increase taxes at the same time in virginia. he's going to cut up to 200,000 defense jobs which in virginia are a key thing, not just for our
companies from hiring right now because the uncertainty about tax treatment of assets, of investments and so forth. don't you along to congress more than you do the executive branch to try and get something done as far as job growth goes? >> well, that's what the president tried to do last fall by introducing the american jobs act. you're right. i think extremists in congress blocked the ability to get the economy going again through investment in infrastructure, roads, bridges, and schools. everybody knows that needs to be built. we just witnessed it in the northeast. so we think there needs to be a major investment in infrastructure so that we can compete globally. i think it's really important for corporations that it are sitting on $5 trillion of profits to get their investment bank into securing the middle class in this country. i trust that this president is going to make it happen. >> they're not going to do that, though, if they feel that, you know, their taxes are going to go higher, their health care expenses are going to go higher. the president has not been able to get the two si
exxon paid 7.$3 billion of federal income tax. 8.65 billion of taxes but the total bill over $24 billion. 2.5 times more than what it kept and profits. the treasury market caution ahead of the unemployment report with the yield rising at 1.7%. the stock market back in business after hurricane sandy. the victory lap that bot candidates took yesterday may have been far too early especially new jersey and new york struggling to restore power. working hard to get recovery efforts they would like help but essential services, food shortages, polluted drinking water. the pictures of themselves slapping each other on the back is not appreciated by those who have yet to see any evidence of what they are deprived of. the death toll has risen at 88 homes and businesses remain without power. yorkers have some relief as some sections of the subway system resumed but commuters are still struggling with limited service. automobile travel still a nightmare the major tunnels are still closed the airports are operating at reduced capacity. with those hardest hit areas limited by supplies and and no electr
it yourself. you don't have to have an intermediary, although you can choose to. there is tax relief, how so? >> that is a question. in terms of tax relie there are questions as to whether the legislators were going to reach out and provide tax benefits for businesses that have been affected by the disaster. historically we have not seen that, but it is being discussed. gerri: free legal services to be available from fema. is that typical? >> it is. the federal government reaches out and tries to do what i can't help small businesses. that is available from the government, where you can get those types of services. gerri: the cdc will have some clean-up tips. is that on their website. >> absolutely. you can go to cdc and get those helpful tips as well. gerri: i know people tonight are sitting at home talking about what can i do, what can i do right now to help get this back up and running? uld you say to people who are looking for that disaster plan? >> you need to assess the damage, assess the damage i like to your existing business, ut project going forward with this will do to your local
this as their friends and encourage them and support them, and by the way, we can't tax them to death. i was with a business person in st. louis, four employees in the electronics business. he said that he and his son calculated how much money they send to the government every year out of their business and he put down how much for the federal income tax and the federal payroll tax and the state income tax and real estate tax and gasoline tax. and it was over half of what they made. and he said, think about this. you start a business, your chance of success is not even as good as 50-50. most small businesses won't make it so it's a risky thing to do. then if you're successful the government wants more than half of what you make and so a lot of people decide not to build businesses. today we are at the lowest level of new business start ups in 30 years. i want to change this dynamic and make business recognize they have a friend in washington, not a foe. and i believe if we do that, we do those five things and get those five done we are going to create 12 million new jobs and more take ho
, the soviet union. the balance the budget and cut taxes. you need somebody will go to the budget line by line and look at the things that can be cut. john: he says he will increase military spending by $2 trillion. >> with a booming economy we are going to have uder romney we will have some much money we won't know where to spend it. and the military -- [applause] john: i'm moving on. here is something your candid set the debate that appalled me. [laughter] >> i'm not going to cut education funding. i don't have any plan to cut education funding. hn: education is supposed to be a local responsibility. the federal government spending $100 billion wasting it, he can't even get that? >> this is unfair. you know i admitted to you in the greenroom. this was the one even i couldn't defend. [laughter] but i will just say romney has said in his defensend education over and over again that, for example, with the money for disabled kids where kids with special needs. we will send that money to the parents to let them spend -- pick the school. he said we will send the money back to the local government,
pension funds, their fiscal year-end is october. so what they will try to do s dump losers to get that tax write-offs which adds to the pressure on the opening tomorrow as getting teeseven skittish opening. so watch out. it could sort itself out by next week, tomorrow we are expecting volatility. lou: thank you. >> short. lou: we will cover the political impact can't take that up. the economic impact of all this with the "a-team". next. there may be just as after all for the family of border patrol agent bryan terry murdered by mexican drug cartel members using guns supplied in operation fast and furious. president obama has a fill-in on the campaign trail, his chief campaigner in substitution, well, guess it is? well, it all depends on what the meeting of is is. joining us with his reaction, best-selling author ann klein. also the latest on benghazi. with the election now week away, we take the question of whether hurricane sandy will affect the voting with the outcome with the "a-team." ♪ everyone in the nicu, all the nurses wanted to watch him when he was there 118 days. everything th
year the unemployment rate --. melissa: how much tax dollars and what could the tax dollars spent on? >> can i say, melissa, give the president a little credit here. net more new jobs than when he took office in the wake. melissa: 194,000. >> well, but in the wake of the biggest financial disaster. what does romney do? melissa: got 16 million people who need more jobs at a rate -- four years 194,000 how long would it take to 16 million back to work four years for 194,000. i'm going to be dead by the time everyone is back to work. you've been talking a lot. i will will give you last word. >> romney wants to deregulate wall street tax breaks for the wealthy and do european style austerity where the eurozone has 11.7% unemployment. melissa: not where we want to go. all right. >> that is last word. nice to be with you again. melissa: thanks for coming on. coming up on money, zen and campaign ads don't exactly go together. one republican candidate is bringing voters much-needed r&r he is special laugh -- especially after the last segment. he is here in a fox business exclusive to give yo
are going to have to give up something, whetr it's some tax break, whether it's spending on certain things that they love, when is the day going to arrive that people are willing to d that? maybe it is this year, i thought it was two years ago, that there would be something different and frankly, even with a lot of the the tea party candidates moving in, we dn't see that much movement when trying to fix our financial situation in d.c. >> ben stein? >> well, because we-- people aren't willi to raise taxes there's not enough to cut, there's a discretionary funding. and a huge majority of these expenditures are fixed by law or flew defense we absolutely need. i think a bigger question, why are these foreigners especially very clever, extremely well-versed foreigners willing to buy some of our debt and must see some value that maybe we're too modest and self-efacing to see ourselves. obviously, this country has tremendous value to the rest of the world. >> neil: you're right. thmodesty is what i've always liked about myself. (laughter) >> you know, adam, you know why i think they're investing
from deficit to surplus, from job losses to job gains. [applause] from higher taxes to higher take-home pay. that's change. [cheers and applause] this is why i'm running for president. i know how to change the course that the country's on. how to get us to a balanced budget. how to build jobs and help raise take-home pay. accomplishing real change is something i just don't talk about, it's something i've done and what i'm going to do when i'm president of the united states with your help. [cheers and applause] and so to people across america, if you believe we can do better, if you believe america should be on a better course, if you're tired of being tired, then i ask you to vote for real change. paul ryan and i will bring real change to america from day one. [cheers and applause] now i know, i know that when i'm elected the economy and the american job market will still be stagnant, but i won't waste anytime complaining about my predecessor. [cheers and applause] i won't spend my effort trying to pass partisan legislation that is unrelated to economic growth. from day one i will
is they don't know what their tax rates will be in january or how much the government will spend. all the expiring policies known as the fiscal cliff, rich. >> wall street didn't like something today. >> it was better than expected. first the stocks went higher and then they went south. they blame the costs of hurricane sandy and the dow drops 140, the s&p 13 and phase back 38. >>. >> the president and gov. romney that different reaction to the jobs numbers. we will check in with each campaign as it battles for one of the biggest swing states on the map with now four days to go. from the journalist of fox news, this is the friday fox report. it's led and it has great picture quality. i don't know... it's ultralim... maybe next year. you cod always put it on layaway and pay a little at a time. alright. we'll take it! ah! i love you! hmm! ahem. football. [ male announcer ] shop now. get the hottest brands on your list today... like the lg 55 inch led tv. and put it on layaway now so you have more time to pay. walmart. ♪ [ male announcer ] this is karen and jeremiah. they don't know it
they pay in tax, i've got a number. 24.2 billion dollars in a quarter. so what's the stock doing? >> the stock is to the down side, down nearly 1%. and the issue with dow component exxon is the output, output for exxon has fallingen to a three-year low. despite the fact that you have some earnings that beat the big picture here is the concern about output for exxon and that's why you're seeing the down arrow here. >> and the next time that they beat up on the oil companies because they're not paying their fair share, tell them. 24.2 billion dollars in taxes in one quarter, how about that. >> that's right. >> and 24.2, got the number. thanks very much, nicole, the dow is up in the first couple of minutes, 35 points. and let me get a gas prices, they're still falling. the national average for a gallon of regular now coming in at 3.50, down another penny and a half overnight and down about 35 cents from the high and diesel is back to 4.04 a gallon. the trend, we're seeing the average price for gas coming down 27 cents, nationwide down in the past month. not a bad drop. five days ago
's a difference of opinion between the two camps, romney's view that high income tax cuts and deregulation lead to growth. the obama view that it's investments in infrastructure, the work force, things of that nature that will lead to faster growth. and you know, you have to pick one or the other. >> and then quickly, yes or no, will voters take these numbers, these jobs numbers just days before election day, into the voting booth with them? >> probably not. i mean, certainly not the people whose power is out and they're dealing with the hurricane damage and stuff like that. but evidence is pretty clear that people get a general impression of the economy as opposed to looking and sayingering well, this was 171,000 and it was expected to be 125,000 so therefore i'm going to be really happy. >> that was the former chairman of the president's council of economic advisers. jim acosta is traveling with the romney campaign for a rally in dubuque, iowa, after a morning stop in new hampshire. he filed this recoport just a f minutes ago. >> mitt romney is in the middle of a battleground blitz you might
. but there have been tax increases. what i would argue is that government spending is the austerity whereby limited capital is wasted by politicians rather than reaching the private sector. so the problem is we haven't had enough of a reduction of the government footprint. and it means that president obama has his chances are much reduced going into -- on to november 6th. if he had sat back and done nothing, let the economy heal itself which is all a recession is, he would be presiding over a big economic boom right now. he is to blame for his own problems. >> john tamny you are the editor of real clear markets.com. thanks for giving us insight into all of this. >> thank you. >> it could come down to the swing states. what are people in ohio saying about. this we will will ask the former ohio secretary of state ken blackwell. a so-called black sheep of the family comes out of his comfort zone to discover his manhood through a gift given by his father. he shares what it means to be a man in america next. clayton, are you listening? [ laughter ] so anyway, i've been to a lot of places. you kn
terrified about what is going on happen january 1st, 2013 with tax me geton. people shifted income out of 200013 to 2012 -- 2013 to 2012, it is much worse than it looks, people have made it look better by moving income from 13 to 12. it will be like going off a cliff whether he hit 2013. i am concerned. two candidates differ, dramatically on their economic policies. i think romney is far, far better than obama, obama has made a huge mistake over the last 3 years. lou: and friday, our last reading on unemployment. i don't know -- i don't know if anyone pays attention to these numbers. >> i do. lou: there is some credibility gap i believe. but give us your thoughts. >> you know, numbers have been horrible for the last 36 months, there has been no real recovery in the u.s. we barely kept up with population growth. if the participation rate had not fallen as sharply as we had, unemployment would still be in 12% range. a lot of people out there working, are working but part time instead of full time look they would like. it cannot continue this way very long. this is a tragic is, if you wo
got details at the top of the hour. and buy a gun and get taxed. we will tell you where that is happening now. a winter wonderland doesn't just happen. it takes some doing. some coordinating. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle and jingle. all while saving the things that go in our wallet. more saving. more doing. that's the power of the home depot. trade in any light string and get up to five bucks off the latest holiday leds. [ birds chirping ] are you sure you can fit in there? [ chuckles ] ♪ ♪ [ male announcer ] around view monitor with bird's-eye view. nice work. [ male announcer ] introducing the all-new nissan pathfinder. it's our most innovative pathfinder ever. nissan. innovation that cites. ♪ woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance ma
the horses want to be, it's free and there's no tax on it yet. the have expert training and trust in their human partners. when you see a horse walking in between lanes of traffic the horses there because of the writer. every day as a training day for the writer and the horse. this is what the horses really like to do, run fast and rump kicking up their heels rolling in the dirt. some rice, some work on farms before becoming part of the chicago police force. >> we are all dressed in uniform, we all look the same so we want the horses to look uniform. >> each horse has a distinct personality, this one kicks his stall until he is brought his haigh. traynor and officer joseph 11 years ago he named mounted police sources for chicago police officers killed in the line of duty, his good friend nights was one of the first officers still honored. it's a living memorial, i guess and it's our humble special way to pay our respects. a lot of these names on these doors was a policeman working when this happened and it does affect you emotionally. you may not have known them personally but
details right after the game. m. every year, without raising taxes. leggett: and audits will ensure the money goes... where it's supposed to. more jobs, and millions for schools. baker: question seven will be good for our kids... our teachers, and our schools. leggett: keep maryland money in maryland. baker: please vote for question seven. leggett: vote for question seven.
taxes and not cut any services like for example the military. that s the question we have to answer and the only way we can get to it is to really look at democrats and republicans, not blame each other but sit down and literally look at this. the supercommittee had a try. democrats, republicans, they were not able to do it. this was the agreement that was done, the sequestration. i think if we are going to do cuts we ought to do that across-the-board where everybody has skin in the game and have cuts across the board to reduce the deficit. >> geraldo: congressman blackburn, did you -- >> let me say something there. because i support across-the-board cuts in discretionary spending. every year i run bills calling for 1, 2 and 5% across the board. what you have to realize is that this administration had gone in and made deep cuts into the -- our military services, into d.o.d. and then they did it again with the sequestration. doubled up on that. so the problem becomes you are cutting them more than everybody else. if you were to give them just what you were going to cut everyone else
. mankts finished mix as you can see. dow and nas tax. whole lot of nothing it was interesting, i thought, that some internet service down there was not very good. that did not help the traders themselves. >> no self-service down there anywhere that i know about. it is a mess. there were questions about whether this storm would end up delaying the jobs report we would end up getting the day offer tomorrow. >> we are told it will not delay the all important jobs. here is what -- here is what we're expecting. we know the consensus out of wall street. number.xpecting 7.9% for the that he was increase from 7.8%. 125,000 jobs created. little view into what might happen when the adp number comes out. private sector job creation. we are expecting 135,000 jobs created against 162,000 in september. that's a bit of a downer. wait and see how that comes. in that gives you an idea what to expect friday. >> we'll wait. thank you, jerry geramipoorry. >> meningitis outbreak linked to tainted shots has claimed another victim. concerns for disease control and prevention this time in virginia. death toll i
Search Results 0 to 49 of about 72 (some duplicates have been removed)